UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, announces that is has recently signed contracts in its Fabrication value stream, with a number of new and existing clients. The contracts, a combined total of over $15 m
Electromagnetic Geoservices ASA (EMGS) announces that it has today signed a contract worth approximately USD 12.5 million with an oil company in the Kingdom of Saudi Arabia. The vessel BOA Galatea (photo) will acquire both 3D electromagnetic (EM) and magnetotelluric (MT) data in the Red Sea over a t
Lamprell PLC announces that Mr. Chris Hand, Chief Operating Officer, was appointed to the Board of Directors of the Company on 26th January 2011. The Company confirms that there is no further information required to be disclosed pursuant to Listing Rule 9.6.13. Lamprell, based in the UAE, has played
Abu Dhabi has launched an ambitious project to link its massive offshore gas facilities with onshore networks as part of an ongoing … [mappress] Source:Emirates247, January 26, 2011;
Appointment in line with company’s aggressive growth strategy UAE-based MIS Group (Maritime Industrial Services), a diversified engineering and contracting group focused on the energy sector, announces the appointment of Colin Anthony Jones as its new Group Sales Director, a move bolstering the comp
The Israeli government on Sunday approved a near doubling of the profit tax on gas and oil extracted from its territory, a move of … By Ethan Bronner (NY Times) [mappress] Source: nytimes, January 24, 2011;
The 4th edition of Navingo’s Offshore Energy Exhibition & Conference will move to Amsterdam RAI. Offshore Energy 2011 will take place on 11 and 12 October 2011. The event will now include one extra day. The extra day has a lot to offer visitors and exhibitors alike. Visitors will not have to miss an
Dragon Oil plc , an international oil and gas exploration and production company, issues the following trading statement, which includes an operational update and financial highlights for 2010, and the results of the latest reserves assessment. All information referred to in this update is unaudited
Nexans, the worldwide leader in the cable industry, has successfully completed a multi-million Euros, two-year, contract, for CCC (Consolidated Contractors Company S.A.L. (Offshore)-Teyseer Contracting Company W.L.L.-JV) based in Abu Dhabi, to supply power cables for the Ras Laffan Port Expansion pr
All the remaining phases of the South Pars gas field will come on stream in next four years resulting to $120 billion annual revenue, managing director of the National Iranian Oil Company (NIOC), Mr. Qalebani announced here on Monday. According to the report of the public relations of the NIGC, he s
There is little chance of a moratorum on drilling for oil at the Leviathan 1 exploratory well, as Minister of Environmental Protection … By Adi Ben-Israel (Globes) [mappress] Source: Globes, January 13, 2011;
Topaz Energy and Marine, a leading oilfield services company, has through its subsidiary DMS been awarded a five year vessel contract with five one-year options estimated to be worth US$ 48M including the option period. Under the contract, the offshore support vessel ‘Topaz Shaheen’ will serve as a
Hyundai Heavy Industries, the world’s No.1 shipbuilder, received a letter of award (LOA) on January 11 for a $900 million deal to execute the offshore part of Barzan Gas Project in Qatar. Following the LOA, the official contract will be signed later in January. The project will be located 80 km nort
Noble Energy, Inc. announced a significant natural gas discovery at the Leviathan exploration prospect offshore Israel. Drilled in the Rachel license, the well encountered a minimum of 220 feet (67 meters) of net natural gas pay in several subsalt Miocene intervals. Apparent reservoir quality is ver